Egyptian pound down in Thursday morning trade    Egypt's PM: Alternatives to old rent law to be ready soon    Environment ministry signs agreement to strengthen marine protection, promote ecotourism    Egypt, WHO discuss expanding health cooperation, development initiatives    Egypt, Sierra Leone discuss expanding cooperation in transport, infrastructure    Gaza under siege, fire: Resistance intensifies amid deepening humanitarian collapse    Chinese Premier Li Qiang arrives in Egypt for high-level talks    Service restoration underway after Cairo telecom fire, minister tells PM    EGX closed mostly higher on July 9    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    Egypt, Pakistan boost healthcare ties – Cabinet    UK, Egypt strengthen cooperation on green transition, eco-tourism, and environmental investments    Escalation in Gaza as ceasefire talks remain fragile amid mounting humanitarian crisis    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Egypt's PM, Uruguay's president discuss Gaza, trade at BRICS summit    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt teams up with private sector to boost university rankings    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Egypt condemns deadly terrorist attack in Niger    Egypt's FM, China's Wang discuss Iran-Israel escalation    Egypt's EHA, Schneider Electric sign MoU on sustainable infrastructure    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



PM tours Sukari Mine as AngloGold expands Egypt gold bet
Published in Amwal Al Ghad on 15 - 05 - 2025

Prime Minister Moustafa Madbouly toured Egypt's largest gold mining operation at Sukari in the Marsa Alam area on Thursday, following a meeting with executives of AngloGold Ashanti, the mine's new investor.
The site visit follows AngloGold Ashanti's recent entry into Sukari, which is jointly operated with Centamin Plc and holds an estimated 6.2 million ounces of proven gold reserves. The company is currently working to confirm an additional 4.3 million ounces, potentially boosting the mine's long-term output and strategic value.
The visit included a review of the mine's advanced control and surveillance systems, as well as an inspection of the closed-circuit television (CCTV) monitoring room, where the delegation was briefed on the site's security protocols.
During the tour, Prime Minister Madbouly reviewed the mine's operations and security infrastructure, including its closed-circuit monitoring systems and production control rooms. He later inspected the open-pit mining operations and gold processing facility, where ore is crushed, ground, treated with cyanide, and refined.
He then led an extensive field visit to observe the stages of gold ore production. The process begins with classifying the ore based on gold content, followed by crushing and grinding. The concentrated ore is then separated, reground, and treated with cyanide to extract gold. The prime minister also inspected the open-pit mining operations and the gold extraction plant, where he was briefed on ongoing developments.
During the tour, Ahmed Ghali, Surface Mining Manager, explained the stages of open-pit production. The process starts with drilling to identify ore locations, allowing for better blending at the crusher. This is followed by blast hole drilling and controlled detonations using specialised explosives. The fragmented rock is then transported using heavy machinery to crushers or storage areas for further processing.
Sukari Gold Mine operations
Sukari currently holds confirmed reserves of approximately 6.2 million ounces and is considered one of Egypt's most significant mines given the mining methods that have increased both reserves and output. AngloGold Ashanti is carrying out further development work to confirm an additional 4.3 million ounces in reserves, which would further enhance the mine's value. In 2024, Sukari produced around 454,000 ounces.
Officials noted that AngloGold Ashanti is fully financing the required investments to support production targets, while also contributing to job creation and mining-related services. The mine currently provides around 4,000 direct and indirect employment opportunities.
Attribution: Amwal Al Ghad English
Subediting: Y.Yasser


Clic here to read the story from its source.